Abbreviated Company Accounts - BARRINGTON BUSINESS CONSULTANTS LIMITED

Abbreviated Company Accounts - BARRINGTON BUSINESS CONSULTANTS LIMITED


Registered Number 09518272

BARRINGTON BUSINESS CONSULTANTS LIMITED

Abbreviated Accounts

31 March 2016

BARRINGTON BUSINESS CONSULTANTS LIMITED Registered Number 09518272

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016
£
Fixed assets
Tangible assets 2 1,190
1,190
Current assets
Cash at bank and in hand 29,470
29,470
Creditors: amounts falling due within one year (19,702)
Net current assets (liabilities) 9,768
Total assets less current liabilities 10,958
Total net assets (liabilities) 10,958
Capital and reserves
Called up share capital 3 100
Profit and loss account 10,858
Shareholders' funds 10,958
  • For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 December 2016

And signed on their behalf by:
Mr R B Jones, Director

BARRINGTON BUSINESS CONSULTANTS LIMITED Registered Number 09518272

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 33.33% straight line

Other accounting policies
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2Tangible fixed assets
£
Cost
Additions 1,740
Disposals -
Revaluations -
Transfers -
At 31 March 2016 1,740
Depreciation
Charge for the year 550
On disposals -
At 31 March 2016 550
Net book values
At 31 March 2016 1,190
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
100 Ordinary shares of £1 each 100

On incorporation 100 £1 ordinary shares were issued at par and fully paid for in cash.